Allen Iverson earned over $200 million during his basketball
career. But sources claim that the NBA Hall of Famer is broke. For instance, there
is a YouTube video that states that he lost his $32 million Reebok trust fund. As
part of this contract, Iverson gets $1 million per year and will receive a lump
sum of $32 million at the age of 55. What is more, Iverson is eligible to start
drawing an NBA pension at age 45. He will be able to receive $8,000 per month.
There aren’t any recent reports of Iverson being broke. He
even recently appeared on ESPN First Take. Additionally, Iverson along with
Reebok helped to come up with money for the new basketball court at Newport
News Boys and Girls Club. The kids in attendance were provided with lunch and
given backpacks with clothes and school supplies to take home.
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